ADB commits $14 billion to ensure food security in Asia Pacific ...Middle East

The Asian Development Bank on Tuesday announced a USD 14 billion fund to fight food security crisis in Asia Pacific, threatened by adverse climate and exacerbated by Russia-Ukraine war choking supply lines, triggering soaring food prices. The multilateral funding agency is hosting its 55th annual meeting at its headquarters in Manila from September 26-30 in a hybrid mode with 45 governors of the member nations attending in person after 2019. Others will join virtually. "In this meeting, we are discussing our region's path to recovery as new uncertainties facing our developing member countries. These headwinds include food security, inflation and debt crisis. All these challenges need to be u

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